WTI Plunges Amid Reduced Risk Premium

Oil prices plummeted as tensions in the Middle East showed signs of easing, with Israeli strikes avoiding Iran's oil infrastructure, leading traders to shift focus to weak demand and anticipated oversupply next year.

Oct 29, 2024 - 03:00
WTI Plunges Amid Reduced Risk Premium
Oil prices plummeted as tensions in the Middle East showed signs of easing, with Israeli strikes avoiding Iran's oil infrastructure, leading traders to shift focus to weak demand and anticipated oversupply next year.

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